Reach Resources Limited (AU:RR1) has released an update.
Reach Resources Limited has issued a reminder to option holders that their rights to acquire company shares at pre- or post-consolidation prices will expire on May 20, 2024. Holders of RR1O Listed Options must act by this date to either exercise their options, sell them before the May 13 cessation of trading, or allow them to lapse and participate in a subsequent entitlement issue. The company emphasizes there is no obligation to act, but inaction will result in the options lapsing.
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